Home Sales Up 65% Nov. 09/08!

According to the latest information published by the North Carolina Association of Realtors (NCAR), existing home sales in Brunswick County increased in November 2009 compared to the previous month and the previous year.
Realtors in Brunswick County sold 181 units in November of 2009, up 65 percent from 110 units in November 2008. That also represents a 3 percent increase over October 2009, when 176 houses were sold.
The average cost of a house also increased between November 2008 and 2009, from $232,147 to $248,291.
According to local Realtor and Accredited Buyers Representative of the National Association of Realtors Martha Pope of Pope Real Estate Company, the end of 2009 was a busy season for the company. January has been very active.
“This first quarter of 2010 looks to be the best in a long time,” Pope said. “This is the time of year when people start looking for second homes.”
“Values are down because of the economy, but everything is showing,” she said. “We feel this is a great opportunity for buyers.”
Pope said that the southern end of Brunswick County does not have as many foreclosures as some people expected, but buyers are actively looking for those deals.
Most of her customers are people looking to relocate to Brunswick County, many of them are waiting for their houses in their home areas to sell before they can buy one here.